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4927 S Prairie Ave Chicago, IL 60615

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For Sale
$1,950,000

Ten-unit building in Chicago's Bronzeville neighborhood, near CTA Green Line.

Type:Multifamily
Property size:
10,850 SF
Added:
Feb 23, 2026
Days on Market:
37
Last Refresh:
Mar 17 at 1:15 pm

Property Features for 4927 S Prairie Ave

General Information

Standard status
Active
Size
10,850 SF
Property subtype
Multifamily

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Listing Contact
Noah Birk

Listing agent Noah Birk License #IL 475.125864

Listing office Kiser Group

Listing date Feb 23, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Kiser Group


Overview

Bronzeville Multifamily Investment Opportunity

This ten-unit walk-up building is located in the Bronzeville neighborhood on Chicago’s South Side. The property is situated approximately two blocks from the CTA Green Line “L” station at 47th Street, providing convenient access to downtown and surrounding areas. The unit mix includes one studio, one 1-bedroom/1-bathroom, two 2-bedroom/1-bathroom, and six 3-bedroom/1.5-bathroom units. All units feature spacious layouts and updated kitchens and baths. Recent capital improvements include individual furnaces and water tanks, in-unit laundry, copper plumbing, and newer porches. The property size is 10,850 square feet. This stabilized asset is located in Chicago's historic Bronzeville neighborhood.
Location Intelligence

Current Use by Public Records

Apartment buildings

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Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6190041
Latitude
41.8048644

FAQs

What type of property is this?
Apartment building - Ten-unit building in Chicago's Bronzeville neighborhood, near CTA Green Line.
Where is this apartment building located?
The property is located at 4927 S Prairie Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: High 7.67% current Cap Rate and 7.92% Cash Return with potential to increase through rent adjustments.; Located in the rapidly expanding and historic Bronzeville neighborhood.; Convenient access to downtown via the nearby CTA Green Line (2 blocks to 47th Street station).
More about this property
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